VOLKSWAGEN AG bought RIVN
April 30, 2026 · Form 4 insider transaction
VOLKSWAGEN AG bought 62,889,522 shares of Rivian Automotive, Inc. at $15.90 per share, a transaction worth $999.94M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
The shares of Class A common stock reported herein are held of record by Volkswagen US-Holding, Inc. (formerly known as Volkswagen International America Inc.), which is a wholly-owned subsidiary of Volkswagen AG. Each of Volkswagen US-Holding, Inc. and Volkswagen AG may be deemed to share beneficial ownership of the securities reported herein.; The shares of Class A common stock reported herein were acquired in a private placement pursuant to the terms of the Investment Agreement, dated as of November 13, 2024, as amended on April 17, 2025, by and among Rivian Automotive, Inc., Volkswagen AG and Volkswagen International America Inc.